Swift Creek

NET LEASE INVESTMENT OPPORTUNITY

Dollar General

Absolute NNN Lease w/12.5 Years Remain

Corporate Guarantee

location
1050 E. 8th Street
Jacksonville, FL
32206
30.344796, -81.641935
dollar-sign

$2,173,226.46

SALES PRICE

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PROPERTY details

NET LEASE INVESTMENT OPPORTUNITY

CAP RATE:

6.35%
$137,999.88

ANNUAL RENT

10,566

SQUARE FEET

2022

HIGHLIGHTS

Located in an area of revitalization and renewal, Corner site with Excellent Visibility

Downtown Jacksonville Historic Area, Near Jacksonville’s Business Core

173′ of Frontage on E. 8th St. (3,400 AADT) and 323′ of Frontage on Florida Ave. (1,900 AADT). Speed limit on both streets is 30 MPH.

Incredible location with surrounding traffic generators including Jaxport, Vystar Veterans Memorial Arena, and TIAA Bank Field.

Jacksonville is on Forbes Best Places to Retire (2022) and many lists as one of the nations’s (and Florida’s) fastest growing places.

Population of 335,269 and 138,742 Households in a 7 Mile Radius

PROPERTY description

Introducing an exclusive opportunity in the heart of downtown Jacksonville, Florida, the Dollar General Property at 1050 East 8th Street presents a prime investment in a high-traffic area poised for growth. Featuring a single-tenant net lease with Dollar General, this property offers a solid NNN lease with an investment-grade corporate guarantee and a solid remaining lease term, approximately 12.5 years lease term remaining. Situated amid a backdrop of urban revitalization and development, this location is a rare find in downtown Jacksonville, surrounded by major attractions such as the VyStar Veterans Memorial Arena, Daily’s Place, and TIAA Bank Field. With excellent visibility and access from E. 8th Street and Florida Avenue, the property boasts a strategic position in a bustling commercial area. Benefiting from a population of over 335,000 within a 7-mile radius and close proximity to major roadways, this investment opportunity promises a steady flow of customers and business potential. Don’t miss out on this chance to own a versatile commercial property in a thriving market. Contact us for more information.